Induction Corporate Solutions Private Limited
About Induction Corporate Solutions Private Limited
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Induction Corporate Solutions Private Limited is a private limited company based in Delhi, India. It operates in the facility management segment of the business services sector. It was incorporated on 20 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2007PTC166065. Its GSTIN is 07AABCI7638E1ZL (Delhi).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Neeraj Gupta and Abhigyan Goyal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No – S – 2 (Back Side) S/Floor Prop No – 18 Village – Samaspur Jagir, Delhi, India – 110091.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.45 Cr, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹91.45 Lakh (net margin -37.3%) and EBITDA of -₹28.27 Lakh (EBITDA margin -11.5%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹3.07 Cr and satisfied charges of ₹56.03 Lakh on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Induction Corporate Solutions Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat No – S – 2 (Back Side) S/Floor Prop No – 18 Village – Samaspur Jagir, Delhi, India – 110091
- IndustryBusiness Services, Facility Management
To see the full contact details of Induction Corporate Solutions Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Induction Corporate Solutions is support service to organizations. In detail, this covers housekeeping & maintenance service and rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N5 | Housekeeping & maintenance service | |
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Induction Corporate Solutions Private Limited, buy the company report.
Financials of Induction Corporate Solutions Private Limited
FY 2024 filings availableInduction Corporate Solutions Private Limited reported revenue of ₹2.45 Cr (down 45% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 45% fall in the latest year. EBITDA rose 85% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹28.27 Lakh | ||||
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| Net Profit (PAT) | -₹91.45 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.5% | ||||
| Net Profit Margin | -37.3% | ||||
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To see the full financial statements and ratios of Induction Corporate Solutions Private Limited, buy the company report.
Board of directors of Induction Corporate Solutions Private Limited
Induction Corporate Solutions has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeraj Gupta | Director | 20 Jul 2007 | 19 Years 3 Months | Current |
| Abhigyan Goyal | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
| Avijit Goyal | Director | 30 Sep 2024 | 2 Years 1 Months | Current |
| Dhiraj Gupta | Director | 20 Jul 2007 | 19 Years 3 Months | Current |
Auditor
Induction Corporate Solutions Private Limited is audited by Ankur K Gupta & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ankur K Gupta & Co. | FY 2023 | 025008N |
Shareholding
The shareholding of Induction Corporate Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Induction Corporate Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jul 2025 | 101122657 | The South Indian Bank Limited | ₹55.66 Lakh | Open | |
| 31 May 2025 | 101109572 | The South Indian Bank Limited | ₹7.9 Lakh | Open | |
| 20 Mar 2025 | 101070519 | The South Indian Bank Limited | ₹1 Cr | Open | |
| 26 Nov 2024 | 101014213 | The South Indian Bank Limited | ₹1.05 Cr | Open | |
| 03 Dec 2020 | 100391652 | Indian Bank | ₹38.5 Lakh | Open |
To see the full charge records of Induction Corporate Solutions Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Induction Corporate Solutions Private Limited has 6 court cases on record: 3 filed by Induction Corporate Solutions, 3 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Execution petition | Filed by the company against an individual | Pending |
| District court, New Delhi, Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| District court, New Delhi, Delhi | Court case (OMP (COMM.)) | Filed against the company by an individual | Disposed |
| District court, East, Delhi | Court case (OMP (COMM)) | Filed against the company by an individual | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Induction Corporate Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Induction Corporate Solutions Private Limited was last rated by Brickwork on 21 Sep 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 21 Sep 2018 |
To see the full credit ratings and regulatory alerts of Induction Corporate Solutions Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Induction Corporate Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Induction Corporate Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCI7638E1ZL | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Induction Corporate Solutions Private Limited, buy the company report.
Recent activity
Induction Corporate Solutions Private Limited has 5 board changes on record since 2007: 4 appointments and 1 cessation. The latest: Abhigyan Goyal was appointed as Director on 30 Sep 2024.
4 earlier events are in the company report.
Frequently asked questions
Induction Corporate Solutions is an active private limited company based in Delhi, India. The company works in facility management, within the business services industry. It was incorporated on 20 July 2007 (19+ years old) and is registered under CIN U74140DL2007PTC166065.
Induction Corporate Solutions has 4 current directors:
- Neeraj Gupta - Director
- Abhigyan Goyal - Director
- Avijit Goyal - Director
- Dhiraj Gupta - Director
The latest financial statements of Induction Corporate Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Induction Corporate Solutions is 07AABCI7638E1ZL, registered in Delhi.
The CIN (Corporate Identification Number) of Induction Corporate Solutions is U74140DL2007PTC166065. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Induction Corporate Solutions has 6 court cases on record: 3 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Induction Corporate Solutions was incorporated on 20 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.
Abhigyan Goyal was appointed as Director on 30 Sep 2024. Avijit Goyal was appointed as Director on 30 Sep 2024. Harminder Singh Lamba ceased to be Director on 30 Nov 2019. Induction Corporate Solutions has 5 board changes on record in total.
The registered office of Induction Corporate Solutions is at Flat No – S – 2 Back Side SFloor Prop No – 18 Village – Samaspur Jagir, Delhi, India – 110091.
Induction Corporate Solutions operates in the business services industry, in the facility management segment.
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